Al Tayyar Travel Group posted a net profit of SAR 826 million for fiscal year 2016, a 29 percent year-on-year (YoY) drop attributed to lower revenues mainly due to lower sales in the traditional travel sector and domestic tourism.
The company, however, added that the group’s online bookings in FY16 surged by more than 1,000 percent when compared to the previous fiscal year.
| Item | 2015 | 2016 | Change |
|---|---|---|---|
| Revenues | 8,631.04 | 2,144.47 | (75.2 %) |
| Gross Income | 1,800.33 | 1,670.60 | (7.2 %) |
| Operating Income | 1,107.93 | 995.11 | (10.2 %) |
| Net Income | 1,161.56 | 813.77 | (29.9 %) |
| Average Shares | 286.19 | 300.00 | 4.8 % |
| EPS (Riyals) | 4.06 | 2.71 | (33.2 %) |
Al Tayyar’s Q4 net profit fell 33 percent YoY to SAR 145 million due to lower sales in the traditional travel sector and domestic tourism, as well as cheaper average ticket prices.
Q4 net profit was 23 percent lower compared to the previous quarter due to lower sales and higher selling, marketing, general and administrative expenses.
| Item | Q4 2015 | Q4 2016 | Change |
|---|---|---|---|
| Revenues | 2,184.77 | 464.67 | (78.7 %) |
| Gross Income | 416.77 | 358.07 | (14.1 %) |
| Operating Income | 216.72 | 153.74 | (29.1 %) |
| Net Income | 215.26 | 139.03 | (35.4 %) |
| Average Shares | 286.19 | 300.00 | 4.8 % |
| EPS (Riyals) | 0.75 | 0.46 | (38.4 %) |
| Period | Revenues | Change | Gross Income | Change | Net Income | Change | EPS(Riyal) |
|---|---|---|---|---|---|---|---|
| Q1 2016 | 534.96 | (75.1 %) | 402.93 | (8.6 %) | 191.05 | (33.1 %) | 0.64 |
| Q2 2016 | 621.39 | (74.0 %) | 525.22 | (3.7 %) | 296.85 | (25.0 %) | 0.99 |
| Q3 2016 | 523.45 | (72.5 %) | 384.37 | (0.9 %) | 186.84 | (29.5 %) | 0.62 |
| Q4 2016 | 464.67 | (78.7 %) | 358.07 | (14.1 %) | 139.03 | (35.4 %) | 0.46 |
| 2016 | 2,144.47 | (75.2 %) | 1,670.60 | (7.2 %) | 813.77 | (29.9 %) | 2.71 |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| Q1 2016 | 24.99 % | 16.54 % | 16.52 % |
| Q2 2016 | 33.02 % | 21.81 % | 20.75 % |
| Q3 2016 | 44.75 % | 29.96 % | 26.09 % |
| Q4 2016 | 77.90 % | 51.05 % | 41.27 % |
| 2016 | 77.90 % | 51.05 % | 41.27 % |
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| Q1 2016 | 300.00 | 3.56 | 3.86 | 16.80 |
| Q2 2016 | 300.00 | 3.23 | 3.63 | 17.77 |
| Q3 2016 | 300.00 | 2.97 | 3.36 | 18.39 |
| Q4 2016 | 300.00 | 2.71 | 2.95 | 18.67 |
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| Q1 2016 | 6.89 | 6.34 | 1.46 |
| Q2 2016 | 7.81 | 6.94 | 1.42 |
| Q3 2016 | 6.53 | 5.77 | 1.05 |
| Q4 2016 | 9.45 | 8.69 | 1.37 |
Q4 2016
| Period | Tourism | Transportation | Ticketing | Other sectors | Property rentals | Airline tickets / Travel and Tourism Reservations | Shipping | Transportation and other | Eliminations |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2016 | 149.27 | 23.18 | 357.28 | 4.34 | 8.72 | - | - | - | (7.83) |
| Q2 2016 | 120.62 | 26.28 | 467.13 | 4.97 | 10.29 | - | - | - | (7.91) |
| Q3 2016 | 156.10 | 25.72 | 333.85 | 4.83 | 12.15 | - | - | - | (9.20) |
| Q4 2016 | 96.70 | 32.27 | 315.63 | 4.27 | 18.86 | - | - | - | (3.06) |
| Item | Q4 2016 (e) | Q4 2016 (a) | Change |
|---|---|---|---|
| Average | 184.45 | 139.03 | (24.6 %) |
| Item | Q4 2016 (e) | Q4 2016 (a) | Change |
|---|---|---|---|
| OSOOL AND BAKHEET | 182.10 | 139.03 | (23.7) % |
| AlJazira Capital | 186.80 | 139.03 | (25.6) % |
| Current | |
| Market Cap (M Riyal) | 7,458.00 |
| Enterprise Value (EV) (M) | 8,860.84 |
| Shares Outstanding ((M)) | 300.00 |
| EPS ( Riyal) (TTM) | 0.82 |
| Book Value (BV) ( Riyal) | 22.37 |
| Par Value ( Riyal) | 10.00 |
| Adjusted P/E (Last12) | More than 100 |
| P/E (TTM) | 30.19 |
| Price/book | 1.11 |
| Return on Average Assets (%) (TTM) | 2.4 |
| Return on Average Equity (%) (TTM) | 4.1 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}